Purchasing Executive

Job Title: Purchase Executive Location: Pune Job Summary: We are looking for a Purchase Executive responsible for vendor development, procurement, cost optimization, and ensuring the timely availability of raw materials for our production processes. The ideal candidate should have experience in electronics manufacturing procurement, possess strong negotiation skills, and be committed to maintaining quality standards while reducing costs. Key Responsibilities: Vendor Management & Development: Identify, evaluate, and onboard new vendors for raw materials and components. Assess vendor performance based on quality, pricing, lead time, and reliability. Build and maintain strong relationships with existing and potential suppliers. Procurement & Inventory Management: Ensure the timely availability of raw materials and components for uninterrupted production. Monitor and maintain optimum inventory levels while minimizing excess stock. Work closely with the production and planning team to forecast material requirements. Implement cost-effective procurement strategies to reduce expenses. Quality & Compliance: Ensure procured materials meet quality standards and technical specifications. Collaborate with the quality assurance team to resolve supplier-related issues. Ensure compliance with industry regulations, certifications, and safety standards. Cost Optimization & Negotiation: Negotiate with suppliers to achieve cost savings while maintaining quality. Identify cost reduction opportunities through bulk purchasing, alternative materials, and process improvements. Analyze price trends and market conditions to make informed procurement decisions. Ergen Technovation Private Limited CIN : U34300PN2022PTC210839 | GSTN : 27AAHCE0164H1ZS Corporate Office : Sr.No.143, Opp. Greenfield Hotel, Sinhagad Road, Vadgaon Dhayari, Pune 411041. www.ergen.co | info@ergen.co Documentation & Reporting: Maintain purchase orders, vendor contracts, and supplier records. Prepare and present reports on procurement performance, savings, and vendor efficiency. Ensure accurate documentation and compliance with company policies. Key Requirements: Education: Bachelor's degree in Supply Chain Management, Electronics, Business Administration, or a related field. Skills: o Strong negotiation and vendor management skills. o Knowledge of raw materials, components, and supply chain in electronics manufacturing. o Experience with ERP systems and procurement software. o Strong analytical and problem-solving skills. o Ability to work under pressure and meet deadlines.,